Accounts Receivable Manager

$100,000 - $110,000/Yr

Creative Financial Staffing - Stamford, CT

posted 11 days ago

Full-time - Mid Level
Stamford, CT
Administrative and Support Services

About the position

The Accounts Receivable Manager will oversee a team responsible for managing trade and non-trade deductions, ensuring efficient resolution and reporting. This role involves collaborating with various departments to improve processes and provide financial insights, while also offering opportunities for professional growth within the company.

Responsibilities

  • Supervise a team and oversee day-to-day workload for the deductions team.
  • Research and validate trade and non-trade deductions.
  • Prioritize efforts towards specific trade deductions, non-trade deductions, or customers.
  • Train team members and provide guidance on efficient resolution tactics.
  • Develop and maintain Standard Operating Procedures (SOP) documentation.
  • Partner with sales team and brokers to dispute and collect invalid deductions.
  • Perform research on recurring deductions and identify trends to prevent future occurrences.
  • Coordinate with cash application team to identify customer or payment trends and recover invalid claims.
  • Identify and implement process improvements in deduction resolution.
  • Develop forecasts for non-trade deductions based on trends.
  • Provide monthly reporting to finance and operations management on deduction trends and productivity.

Requirements

  • Bachelor's degree in Accounting or Finance.
  • 5+ years of Accounts Receivable experience.
  • 3 years of supervisory experience.
  • Prior experience with deduction policies and procedures is highly preferred.
  • Knowledge of Trade Management systems and deduction processing tools, specifically TPM/Exceedra, is highly preferred.
  • Proficiency in Microsoft Excel, including Pivot Tables, V-lookups, and formulas.

Benefits

  • Free lunch/breakfast every Friday
  • Opportunities for upward mobility in Accounting and Finance
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